Wellington reports 7.96% stake in Knight-Swift
Wellington Management Group LLP and affiliates filed an amended Schedule 13G reporting beneficial ownership of 12,918,517 shares of Knight-Swift Transportation Holdings Inc. common stock.
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Rhea-AI Filing Summary
Wellington Management Group LLP and affiliates filed an amended Schedule 13G reporting beneficial ownership of 12,918,517 shares of Knight-Swift Transportation Holdings Inc. common stock. This represents 7.96% of the outstanding class as of the measurement date.
The Wellington entities report no sole voting or dispositive power, but significant shared voting power over 11,847,015 shares and shared dispositive power over 12,918,517 shares. The shares are held for advisory clients in the ordinary course of business, not to change or influence control of Knight-Swift.
Insights
Large institutional holder discloses a near-8% passive stake.
Wellington Management Group LLP and related entities report beneficial ownership of 12,918,517 Knight-Swift common shares, equal to 7.96% of the class. The filing is on a Schedule 13G/A, which is used for investors indicating a passive intent.
The disclosure shows shared voting power over 11,847,015 shares and shared dispositive power over 12,918,517 shares, with no sole voting or dispositive authority. The securities are owned of record by advisory clients of various Wellington investment adviser entities.
The certification states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Knight-Swift. Future ownership updates, if any, would typically appear in subsequent beneficial ownership reports.
FAQ
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What ownership stake in Knight-Swift (KNX) does Wellington report?
Which Wellington entities are reporting ownership in Knight-Swift (KNX)?
Is Wellington’s Knight-Swift (KNX) position considered passive or activist?
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AI-generated analysis. How Rhea-AI works. Not financial advice.